GAS is up 30% in 24 hours, fueled by the Neo Bond program and surging Neo ecosystem activity. With a $5 NEO price floor and 50% APY, is the Chinese blockchain narrative driving this rally? Best Presale also raises over $11.5 million.
NEO and GAS prices are trending today. GAS, the utility token of the Neo smart economy ecosystem, has ignited a rally, soaring 30% in 24 hours, and traders are eager to capitalize on the momentum.
According to Coingecko, GAS is up 30% in the past 24 hours, lifting NEO alongside it. This wave of optimism is directly tied to the activation of the Neo Bond program.
The bold initiative by the Neo Foundation aims to reignite investor interest and stabilize NEO prices after a 35% drop. With increased on-chain activity, GAS prices will likely trend higher, breaking above local liquidation levels in a bullish trend continuation pattern.
From the GASUSDT chart, if the token breaks above $4, prices could surge by 50% to over $6. If bulls maintain this momentum, GAS may break above the 2024 highs of around $8.
(GASUSDT)
With NEO and GAS prices holding firm, could this signal the return of the “Chinese Narrative” to crypto markets?
Neo, often dubbed the Ethereum of China, has long been associated with the country’s ambitions in blockchain adoption.
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Neo Bond Program: The Spark Behind GAS
The Neo Bond program, launched in early April 2025, has proven to be an instant catalyst for the entire Neo ecosystem.
After a sharp drop in NEO prices from December 2024 highs, the Neo Foundation acted swiftly. To curb the sell-off, they introduced a high-yield deposit scheme offering a 50% APY in GAS to NEO stakers and a $5 price floor for downside protection.
Given the attractive terms, investors rushed in, and within days, the 5 million NEO deposit cap was reached.
The 5 million $NEO deposit ceiling has been reached. Neo Bond is now closed and cooking! Neo Community is strong! We appreciate your support! 💚
Please kindly stop sending additional funds to the Neo Bond address. Any extra deposits will not accrue interest. https://t.co/O3G1jDQPeP
— Neo Smart Economy (@Neo_Blockchain) April 10, 2025
The impact on the Neo ecosystem was immediate and significant. The rush to make deposits triggered a supply squeeze and a surge in on-chain engagement, boosting activity on the Neo N3 MainNet and Neo X sidechain. These platforms rely on GAS, the token used to pay transaction fees.
Renewed demand has led to increased GAS burning, making the token scarcer and more valuable for active ecosystem users.
Best Wallet: Is This the Breakout Star?
The GAS boom is also fueling interest in the viral Best Wallet presale.
Recent data shows the team has raised over $11.5 million through sales of the BEST utility token. Investors can stake and receive over 100% APY as yield.
The success of what analysts call one of the hottest presales in 2025 is driven by its utility and strategic timing.
Unlike MetaMask or Coinbase Wallet, Best Wallet aims to be a comprehensive crypto management platform.
It is multichain, supporting over 60 blockchains, including Solana and Ethereum, and features an integrated cross-chain DEX offering competitive prices.
Best Wallet also supports gas-free transactions and includes a staking aggregator.
One of its most compelling features is the “Upcoming Tokens” section, where users can gain early exposure to some of the best cryptos to buy before they hit the broader market.
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GAS Price Soars 30% After Neo Bond Program, Best Wallet Presale Trending
- GAS price rally sparked by the Neo Bond program
- Neo Bond program to revive investor interest
- Rising NEO and GAS prices revive the Chinese blockchain narrative
- Best Wallet presale raises over $11.5 million
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